Igrene (ABI) Q3 25/26 earnings summary

Executive summary

• Focus shifted back to large-scale gas extraction in Siljansringen, with strategic investment in Seid AS for future-proofing.

• Board and management changes implemented post-period to align with industrial upscaling strategy.

Financial highlights

• Operating loss for the nine-month period was -6,463 KSEK, improving from -7,039 KSEK year-over-year.

• Net loss after financial items was -6,430 KSEK, compared to -7,039 KSEK in the prior year.

• Earnings per share remained at -0.02 SEK year-over-year.

• No revenue generated during the period; costs increased to 2,905 KSEK in the latest quarter.

• Cash and cash equivalents rose to 19,198 KSEK as of May 31, 2026, up from 6,300 KSEK a year earlier.

Outlook and guidance

• Political and regulatory developments have advanced the gas extraction project to a more favorable phase, with national security considerations supporting future commercialization.

• The company is preparing concrete plans for industrial upscaling and expects improved conditions for obtaining extraction permits.